News

Note: This section contains information in English only.
Thu, 01 Jun 2017 06:32:32 GMT

Social media firms step forward to tackle the abusive content issue

The social media companies like Twitter, YouTube and Facebook came closer to a goal to eliminate hate speech and any other insulting content on their platforms following the EU order to tackle the issue as fast as possible.

Thu, 01 Jun 2017 06:27:05 GMT

MA plane forced to turn back after man attempts to enter cockpit

On Wednesday, a Malaysia Airlines flight from Melbourne to Kuala Lumpur was forced to turn back after a disruptive passenger tried to enter the cockpit, according to a statement from the airline.

Thu, 01 Jun 2017 05:25:03 GMT

Philippine air strikes miss target, hit government troops

According to the Philippine Defence Minister, recent air strikes killed ten government troops in an attempt to drive Islamic State rebels out of the country's southern city.

Thu, 01 Jun 2017 04:34:39 GMT

Vietnam and US reach business deals worth billions

On Wednesday, 13 business deals were made between the US companies and Vietnam, altogether worth over $8 billion. The deals were also welcomed by the US President Donald Trump, as they would create more than 23,000 jobs due to $3 billion from those deals including US-produced content.

Thu, 01 Jun 2017 04:27:38 GMT

BoJ's Harada says no long-term losses expected

On Thursday, Yutaka Harada, the BoJ policy board member, stated that the Bank of Japan would not experience any negative consequences once the monetary policy tightening finally begins.

Thu, 01 Jun 2017 03:16:18 GMT

Fed's Williams expects at least three rate increases this year

San Francisco Fed's John C. Williams revealed that his base case scenario is the Fed to rise interest rate three times this year, or more if the US economy outperforms expectations.

Thu, 01 Jun 2017 03:11:03 GMT

Chinese manufacturing PMI at 49.6 in May

According to the Caixin report, the Chinese manufacturing PMI fell to 49.6 in May, missing expectations for a 50.1 reading, as the economy was at descending trajectory.

Thu, 01 Jun 2017 02:21:54 GMT

US president to announce decision on Paris climate deal

US President Donald Trump is expected to announce on Thursday whether the US stays in the Paris deal to fight global warming.

Thu, 01 Jun 2017 02:19:48 GMT

Japan's manufacturing activity increase to 53.1 in May

The final Manufacturing PMI for Japan rose to seasonally-adjusted 53.1 in May, its fastest growth pace in three months, following a 52.7 reading in April.

Wed, 31 May 2017 19:54:15 GMT

Europe warns US on terms for leaving Paris climate deal

Jean-Claude Juncker, the European Commission President, revealed that the US should understand that it takes more time than expected to fully leave the Paris climate deal.

Wed, 31 May 2017 19:52:31 GMT

Austria's Nowotny sees ECB inflation goal to be questioned

Inflation is likely to remain low in the long-term and the ECB's target to see it close to 2% is set to be questioned, member of the ECB Governing Council Ewald Nowotny said.

Wed, 31 May 2017 18:56:41 GMT

GE signs $5.58B worth aviation, power deals in Vietnam

General Electric revealed that it signed agreements in Vietnam worth nearly $5.58B for aircraft engines, power generation and services.

Wed, 31 May 2017 18:54:53 GMT

JPMorgan market revenue falls 15% in Q2

JPMorgan Chase & Co reported its market revenue declined amid lower volatility, falling about 15% in the second quarter compared to the same period a year ago.

Wed, 31 May 2017 18:03:53 GMT

Euro zone inflation growth slows in May

Inflation in the Euro zone slipped more than expected to 1.4% in May, its weakest figure since December, which indicates the ECB to sustain its expansionary monetary policy.

Wed, 31 May 2017 18:02:55 GMT

US immigration crackdown to hit economic growth

US consumer spending and economic growth are set to be affected by the Trump administration's decision on illegal migrants, which are afraid to leave home and prefer to save money.

Wed, 31 May 2017 16:55:32 GMT

Russia fires four missles at ISIS targets

The Russian Defence Ministry reported that the country's submarine and its warship fired four missiles from the Mediterranean Sea at the Islamic State targets located in Syria.

Wed, 31 May 2017 16:54:13 GMT

US pending home sales drop unexpectedly in April

The National Association of Realtors reported that US pending home sales fell 1.3% last month, compared to March's drop of 0.9%, while analysts anticipated an increase of 0.7%.

Wed, 31 May 2017 15:52:22 GMT

Trump to announce decision on Paris Agreement in few days

The US President Donald Trump reported that he would announce his decision on the Paris Climate Agreement in the next few days.

Wed, 31 May 2017 15:51:27 GMT

Bank of America predicts weak Q2 earnings

The Bank of America CEO said that the bank's Q2 earnings would be hurt by lower interest rates, a decline in trading revenue and the shuttering or sales of some of its assets.

Wed, 31 May 2017 15:14:49 GMT

Chicago PMI drops more than expected in May

The ISM Chicago reported that its PMI for the Chicago area fell to 55.2 in May, following the previous month's 58.3 and topping expectations for a slight decrease to 57.0.

Wed, 31 May 2017 15:13:41 GMT

Canadian economy grows 0.5% in March

The Canadian economy expanded at a 0.5% rate month-over-month in March after holding steady in February, whereas analysts expected the economy to grow 0.3% during the reported period.

Wed, 31 May 2017 14:34:10 GMT

British PM May evades question on her resignation if she loses seats

The UK Prime Minister Theresa May evaded a reporter's question about her resignation in case she lost seats in the June 8 election.

Wed, 31 May 2017 14:27:00 GMT

Russia responds to Moldova's expulsion of its diplomats

On Wednesday, Russia expelled five Moldovan diplomats as a tit-for-tat move to Moldova's order to depart Russian diplomats from the country.

Wed, 31 May 2017 13:34:29 GMT

US to withdraw from Paris climate accord

The US President Donald Trump decided to pull the United States out of the Paris climate agreement, the news agency reported on Wednesday.

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